Other creditors include: Marquis Grissom — who hasn’t played for the Dodgers forever — and Vin Scully, who is owed $152,778. I don’t care if the other guys get stiffed, but if Scully doesn’t get paid, I’m takin’ a blowtorch to Frank’s mansion. One of ’em anyway.

My favorite part, of course, is that Manny Ramirez is the top creditor. Someone can correct me if I’m wrong, but it’s my understanding that creditors usually have to make legal appearances in bankruptcy proceedings. I can’t wait to see Manny’s legal filings. I assume that they’ll be hand-written, in either crayon or with the burnt end of a pizza crust, on letterhead from hotel on the planet Mars. And he’ll send it via some sort of royal courier. Or by carrier pigeon.

I wouldn’t be surprised in this case if there was a committee representing the unsecured creditors, which I assume Manny and the other former players are. As a result, he probably wouldn’t have to file his own documents in this case. At some point, someone will probably file a proof of claim for him in the case, but sadly that won’t be too exciting.

Hopefully this business doesn’t distract Manny from his journey of self-discovery or whatever he is on currently. He’s had a rough life and needs the rest.

I’m not a lawywr, but wouldn’t defaulting on a player contract (I know bankruptcy protects the Dodgers) void the contract? I realize things are not going to go there, but signing a contract with deferred payments, accepting the services (such as they were) and then not having the money to pay the deferred payments just seems like fraud to me. Don’t know all the legal things behind it, but I thought that the MLB and MLBPA required certain moneys to be maintained against deferred payments. Failure to maintain these moneys has to be some kind of failure that would come into consideration in regard to their filing bankruptcy.

As a non-Dodger baseball fan, I just want McCourt to go away (with nothing!).

My guess would be that MLB has an agreement in the cba to guarantee the contracts of players in the event that a team should fail to make payroll or file for bankruptcy. Otherwise, teams would not be able to get credit and players contracts would become significantly more expensive for teams, as the teams would be seen as less sound investments and therefore the players would want greater insurances within the contract that they will actually be getting paid.

If teams were allowed to default on players contracts (or any debt obligations for that matter), it would be a significant determinant to the entire sport. That is most likely why MLB has to sign off on deals like the one Fox and the Dodgers have purposed.

Bankruptcy lawyers: is there a chance the creditors’ committee tries to recover from McCourt personally? It seems like the proposed Fox deal, for example, could be a fraudulent transfer on the part of the Dodgers since they would be giving up something of substantial value (their TV rights) but receiving less than full value in return since some of the money is going directly to McCourt personally. I know this deal never happened, but I suspect there are similar deals out there; deals in which McCourt transferred Dodgers’ assets and gave the proceeds directly to himself. I’d find it funny if McCourt ended up losing more by filing the bankruptcy than he would have if he had simply sold the team when it became apparent he could no longer run it successfully.

Obviously, this is awesome. The cherry on top of the larger cherry on top of this sundae is the misspelling of Chad Billingsley’s name — a missing “e.”
And the mention of Casey Blake’s actual first name, William.
And I think the world would be a better place if Rod Barajas went by Rodrigo.

“I can’t wait to see Manny’s legal filings. I assume that they’ll be hand-written, in either crayon or with the burnt end of a pizza crust, on letterhead from hotel on the planet Mars. And he’ll send it via some sort of royal courier. Or by carrier pigeon.”

I think if Scott Boras is still getting a bite on Manny’s deferred payments, he’ll have a pit bull of an attorney representing him. As an unsecured creditor Manny comes last in line. Wouldn’t it be nice if he comes out with nothing? Could he sue Bud Selig as Commissioner for negligence for failing to properly police Frank McCourt? That would be so cool.